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$198,000

NAL Estimated Property Value

214 E Thomas Street, Leonard, TX, 75452

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,064 Sq Ft
price_per_sqft$171.99 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesElectric Range

Exterior

Lot Size7,000 sqft

Building Information

Year Built1920

Land Information

APN121224
Lot Number16
Land UseResidential
Legal DescriptionWILSON PENDERGRASS ADDN, BLOCK 6, LOT 16, ACRES .1607
Census Tract950701
Assessed Land Value$35,350
Assessed Improvement Value$113,840
Assessment Year2025

About this property

Two Bedrooms, and Two Bathrooms!! TOO, this can be your home soon! Seller says they can move quickly since their jobs changed and they are ready to get closer to work! This home has a wonderful open floor plan and comes with appliances included to make your move-in even smoother. The walk-in closet for the main bedroom and ensuite is a great privacy asset in this house. Also, the floor plan kept the access to the second bathroom from the living room for convenience in layout. Make this your home today.

Investor Tools

Property Icon
$198,000
Estimated Property Value
$7,120,007Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,188 /month
Positive
Cash Flow Estimate:
$396 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,732
$149,190
2025
$35,350
$113,840
$149,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,732
$149,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Click N Close Inc
Fha
$7,182,024
Yes
First
Jul 18, 2024
Aug 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$7,120,007
N/A
0%
3596%
$44,138/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Leonard

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214 E Thomas Street | Property Details | No Agent List